The allotment status for the ₹425.87 crore Ardee Industries IPO is likely to be finalised today, August 4, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, KFin Technologies Limited.
Following the completion of the allotment process, the shares are tentatively scheduled to be listed on the NSE and BSE on August 12, 2026.
[August 7, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
197.77x |
|
Non-Institutional Investors (NIIs) |
255.24x |
|
Retail Individual Investors (RIIs) |
45.71x |
|
Total |
133.66x |
The company intends to utilise the net proceeds from the fresh issue towards:
Ardee Industries Limited operates in India’s recycling and circular economy sector, focusing on the recovery and processing of end-of-life energy storage products and non-ferrous metal scrap. The company produces refined lead and customised lead alloys, catering to industries including energy storage, automotive, e-mobility and chemicals.
The company has an installed recycling capacity of 156,950 MTPA and earns revenue by selling recycled and refined non-ferrous metal products across Indian and overseas markets. Its recycling operations enable the recovery of valuable materials from waste, supporting resource efficiency and the transition towards a more sustainable circular economy.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
1,167.65 |
742.74 |
462.96 |
|
EBITDA |
147.08 |
65.93 |
28.06 |
|
Profit After Tax |
84.68 |
33.27 |
8.95 |
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here